5006 Westfield DR
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 14, 2025 | Listed by Compass RE Texas, LLC | $545,000 | |
| Listed by Compass RE Texas, LLC | |||
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Unleash the potential of 5006 Westfield Drive, an exceptional development opportunity in the heart of Austin’s beloved Rosedale neighborhood. This expansive 8,607 sq ft lot, shaded by mature trees, offers endless possibilities—whether crafting a custom dream home or reimagining the existing residence, the property is a prime canvas. Perfectly positioned for Austin living, this property is just moments from Shoal Creek trails, the vibrant Burnet Road IBIZ District, and top-rated Highland Park Elementary. Enjoy the convenience of nearby cafes, restaurants, and boutiques, all within a peaceful, tree-lined setting. Whether you’re an investor, a developer, or someone looking to craft their dream home in Austin's urban core, 5006 Westfield Drive presents an unmatched opportunity to shape your future in this thriving community. Explore the possibilities and secure your piece of Rosedale's vibrant lifestyle.
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| Dec 27, 2024 | No longer available | - | |
| No longer available | |||
| Oct 15, 2024 | Price Decreased |
$634,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Sep 27, 2024 | Listed by Re/Max Family | $649,900 | |
| Listed by Re/Max Family | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017